Under contract-accepting backup offers. Seller Financing Available!! This offering consists of two parcels located in the rapidly developing East Orlando Market. The subject property is two contiguous parcels totaling 15 acres with nearly 100% developable. The property is located along the north side of Lake Pickett Road. The property is a great candidate for a re-zoning with Pulte and Home Dynamics developments less than a quarter mile west. A note-able development in the area, Located along Highway 50 off South Tanner Road, "The Grow" includes a 9-acre working farm, market, and 20-acre county park. In addition, the project will feature 12 miles of edible landscape trails and a 1940s-style downtown, reminiscent of Winter Garden. The development has over 2,000 approved homes to be built less than a mile from the subject.
19405 Lake Pickett ROAD, Orlando, FL, 32820
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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